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Keyword: bidenomiocs

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  • Guns Of August! Housing Starts Plunged In August (-11.3% Since July), Down -14.8% YoY

    09/19/2023 7:26:10 AM PDT · by Kaiser8408a · 2 replies
    Confounded Interest ^ | 09/19/2023 | Anthony B. Sanders
    This isn’t Barbara Tuchman’s class novel about the horrors of World War I, but the ongoing horrors of Bidenomics with its guns pointed at the American middle class. Privately‐owned housing starts in August were at a seasonally adjusted annual rate of 1,283,000. This is 11.3 percent below the revised July estimate of 1,447,000 and is 14.8 percent below the August 2022 rate of 1,505,000. Single‐family housing starts in August were at a rate of 941,000; this is 4.3 percent below the revised July figure of 983,000. The August rate for units in buildings with five units or more was 334,000....